John Veronis Exits VSS

May 28, 2010 at 12:11 PM (PT)

JOHN VERONIS has "withdrawn" from media equity firm VERONIS SUHLER STEVENSON, the company he co-founded over two years ago (originally an I-BANK, now a PE/structured finance investment firm). He will continue to honor LP commitments to VSS funds, but will not participate in firm management going forward.

"I take enormous pride in the firm I helped to create," said VERONIS. "I am leaving behind an organization with a strong reputation and a group of experienced professionals. My withdrawal from participation in the firm, which effectuates a long-contemplated transition, is another step in the evolution of VSS, and I wish the firm and its partners and employees success in their future activities."